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Home My WebLink AboutResolution 2023-75 Adopting Preliminary Proposed Tax Levy Collectible in 2024City of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2023-75 Motion By: Nichols Seconded By: Schultz September 74, 2023 A RESOLUTION ADOPTING PRELIMINARY PROPOSED TAX LEVY COLLECTIBLE IN 2024 BE IT RESOLVED, by the City Council of the City of Corcoran does hereby declare the following sums of money be levied for the budget year 2024, collectible in 2024 the following purposes. GENERAL PROPERTY TAX LEVY $ 7,187,648 EQUIPMENT CERTIFICATE DEBT 2016A $ 381220 EQUIPMENT CERTIFICATE DEBT 2018A $ 82,478 DEBT SERVICE LEVY 2018A $ 281271 ABATEMENT LEVY 2018A $ 781750 EQUIPMENT CERTIFICATE DEBT 2020A $ 1067155 EQUIPMENT CERTIFICATE DEBT 2022A $ 2471734 FACILITY EXPANSION DEBT - PUBLIC WORKS $ 2311410 ABATEMENT LEVY 2023A $ 1857000 DEBT SERVICE LEVY 2023A $ 1887590 FOR A TOTAL LEVY OF $ 873741256 for that FURTHER BE IT RESOLVED that the Council does hereby designate the following date for the Truth in Taxation Budget Meeting at which public comment is accepted On December 18, 2023 at 7:00 pm at Corcoran City Hall, Corcoran, M N 55340. VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean 8200 County Road 116, VOTING NAY ❑ McKee, Tom ❑ Bottema, Jon ❑ NicholsJeremy , ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 14T" day of September, 2023. Oa wo ATTEST: Michell�Friedrich —City Clerk Torn M �e — I�layor City Seal Page 1 of 1 for that FURTHER BE IT RESOLVED that the Council does hereby designate the following date for the Truth in Taxation Budget Meeting at which public comment is accepted On December 18, 2023 at 7:00 pm at Corcoran City Hall, Corcoran, M N 55340. VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean 8200 County Road 116, VOTING NAY ❑ McKee, Tom ❑ Bottema, Jon ❑ NicholsJeremy , ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 14T" day of September, 2023. Oa wo ATTEST: Michell�Friedrich —City Clerk Torn M �e — I�layor City Seal Page 1 of 1 City of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2023-75 Motion By: Nichols Seconded By: Schultz September 14, 2023 A RESOLUTION ADOPTING PRELIMINARY PROPOSED TAX LEVY COLLECTIBLE IN 2024 BE IT RESOLVED, by the City Council of the City of Corcoran does hereby declare that the following sums of money be levied for the budget year 2024, collectible in 2024, for the following purposes: GENERAL PROPERTY TAX LEVY $ 7,187,648 EQUIPMENT CERTIFICATE DEBT 2016A $ 381220 EQUIPMENT CERTIFICATE DEBT 2018A $ 82,478 DEBT SERVICE LEVY 2018A $ 283271 ABATEMENT LEVY 2018A $ 781750 EQUIPMENT CERTIFICATE DEBT 2020A $ 1067155 EQUIPMENT CERTIFICATE DEBT 2022A $ 247734 FACILITY EXPANSION DEBT - PUBLIC WORKS $ 2317410 ABATEMENT LEVY 2023A $ 1857000 DEBT SERVICE LEVY 2023A $ 188,590 FOR A TOTAL LEVY OF $ 8, 374, 256 FURTHER BE IT RESOLVED that the Council does hereby designate the following date for the Truth in Taxation Budget Meeting at which public comment is accepted on December 18, 2023 at 7:00 pm at Corcoran City Hall, 8200 County Road 116, Corcoran, MN 55340. VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean VOTING NAY ❑ McKee, Tom ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this '14T" day of September, 2023. Trim Mcl�ee —Mayor Page 1 of 2 City of Corcoran County of Hennepin State of Minnesota RESOLUTION Ilk m 2023-75 ATTEST: Michel% Friedrich y Clerk Page 2 of 2 September 14, 2u3 City Seal